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CMC Markets broker Accounts

  

CMC Markets Account Type

  CMC Markets offers a variety of account types to cater to different trading needs. The main account types include:

  • CFD Account:
    • Minimum Deposit: $0
    • Spreads: From 0.3 pips
    • Commissions: Yes, for shares only (from $10)
    • Instruments: 12,000+ instruments available, including forex, indices, commodities, and shares.
    • Maximum Leverage: 1:30 for retail clients.
    • Spread Betting Account:
      • Minimum Deposit: $0
      • Spreads: From 0.3 pips
      • Commissions: None
      • Instruments: 12,000+ instruments available.
      • Tax Efficiency: No capital gains tax or stamp duty for UK traders.
      • FX Active Account:
        • Minimum Deposit: $0
        • Spreads: From 0.0 pips on major FX pairs.
        • Commissions: $2.50 per lot (per side) for FX trading.
        • Instruments: 330+ currency pairs available.
        • Designed for high-volume traders.
        • Corporate Account:
          • Minimum Deposit: $0
          • Similar features as the CFD account but tailored for corporate clients.
          • Demo Account:
            • Virtual Funds: $10,000 for practice.
            • Validity: Unlimited, but equity trading limited to 30 days.
            • Alpha Account:
              • Available for high-volume traders with reduced spreads and premium services.

                

              CMC Markets Broker Account Opening Process

                Opening an account with CMC Markets is straightforward and can be completed in a few steps:

              •   Visit the Website: Go to the CMC Markets official website and click on the "Open an Account" button.

              •   Select Account Type: Choose the type of account you wish to open (e.g., CFD, Spread Betting, FX Active).

              •   Fill Out Application Form: Provide personal information, including your name, email address, phone number, and country of residence.

              •   Verification: After submitting the application, you will receive a verification email. Click on the link to verify your email address.

              •   Documentation: You may need to provide identification documents, such as a passport or driver's license, and proof of residency (e.g., utility bill).

              •   Fund Your Account: Deposit funds into your account using various methods (credit/debit card, bank transfer). No minimum deposit is required, but you need sufficient funds to cover your trades.

              •   Start Trading: Once your account is funded, you can begin trading on over 12,000 financial markets.

              •   For more detailed instructions, visit the CMC Markets account opening page.

CMC Markets accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
CMC Markets Account